W Carbide Powder
17th July: China Tungsten Hi-Teck announced that its wholly owned subordinate, Minmetals-ZCC is to implement technology upgrades on a smart production line for ultrafine tungsten carbide powder, with a total investment of RMB 248. The expected return period for project investment is 7.9 years (before tax).
This move aims to achieve an independent supply of ultrafine tungsten carbide powder and meet market demand for ultrafine cemented carbide products.
Project construction includes:
- New ultra-fine tungsten carbide workshops
- New process equipment and auxiliary facilities, including power supply systems, nitrogen and argon power gas systems, and dust removal and ventilation systems.